Question

conduct a research on the local economy using the parameter of education​

Answer 1

Conduct a research on the local economy using the parameter of education​.

• One of the key elements of progress is education in many senses. Without significant investments in human capital, no nation can have sustainable economic growth.
• People's understanding of the world and themselves are improved via education. Their quality of life is enhanced, and both the individual and society gain from this in significant ways. Education increases productivity and creativity, encourages entrepreneurship, and advances technology. Additionally, it is essential for ensuring social and economic progress and enhancing income distribution.
• Education economics, sometimes known as the economics of education, is the study of economic issues that relate to education, such as the demand for education, the funding and delivery of education, and the relative effectiveness of various educational programmes and policies.
• The topic of education economics quickly expanded to include almost all sectors with connections to education from early works on the relationship between education and individual labour market results.

#SPJ1

Answer 2

In this question, we are asked to research the local economy using the parameter of education.

• Education, in a variety of senses, is one of the main drivers of progress. No country can achieve sustainable economic growth without making considerable investments in its human capital.
• Education helps people have a better grasp of the world and of who they are. Their quality of life is improved, which benefits them personally as well as society as a whole. Education fosters entrepreneurship, boosts productivity and creativity, and advances technology. It is also necessary for assuring social and economic advancement as well as improving income distribution.
• The study of economic issues that relate to education, such as the demand for education, the funding and delivery of education, and the relative efficacy of various educational programs and policies, is known as education economics, also known as the economics of education.
• As a result of early studies on the connection between education and individual outcomes in the labor market, the field of education economics swiftly broadened to include nearly all areas having connections to education.

#SPJ1